| 13 July 2024, Saturday |

Commodities priced at around LBP 45,000!

Fluctuations in the dollar’s prices are reflected, on a daily basis, on the prices of food and consumer goods, which in turn continue to rise, affected by the factors of the rise in fuel prices and the rise in the dollar. It is true that the recent decline of the dollar to 35 thousand did not change the prices of commodities, but it is noticeable that they rose again after the dollar returned again to 40 thousand. The market has been out of control for three years, with no pricing standards or price control, so that the prices of commodities originally priced in dollars are also witnessing an increase.

The Foodstuff Importers Union expressed its surprise at the failure of the responsible authorities to issue regulations for new food commodities that are exempt from customs duties. Why didn’t the Ministry of Economy issue a detailed regulation, to be the reference for the citizen to ensure that price increases are not manipulated randomly?

  • Sawt Beirut International